RiverFront Investment Group LLC Reduces Holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

RiverFront Investment Group LLC decreased its position in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,248 shares of the company’s stock after selling 15,428 shares during the period. RiverFront Investment Group LLC owned 16.44% of First Trust RiverFront Dynamic Developed International ETF worth $20,820,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in RFDI. Avantax Advisory Services Inc. lifted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 8.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 3,925 shares of the company’s stock worth $218,000 after acquiring an additional 315 shares during the last quarter. NBC Securities Inc. acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the 3rd quarter worth approximately $304,000. International Assets Investment Management LLC acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter worth approximately $369,000. ERn Financial LLC lifted its holdings in First Trust RiverFront Dynamic Developed International ETF by 5.6% during the 4th quarter. ERn Financial LLC now owns 11,924 shares of the company’s stock worth $721,000 after buying an additional 627 shares in the last quarter. Finally, Kesler Norman & Wride LLC acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the 3rd quarter worth approximately $1,673,000.

First Trust RiverFront Dynamic Developed International ETF Stock Up 0.4 %

First Trust RiverFront Dynamic Developed International ETF stock traded up $0.25 during mid-day trading on Friday, reaching $63.08. 3,347 shares of the company’s stock were exchanged, compared to its average volume of 3,139. The company has a market cap of $124.27 million, a P/E ratio of 10.43 and a beta of 0.79. First Trust RiverFront Dynamic Developed International ETF has a twelve month low of $52.98 and a twelve month high of $64.54. The company has a fifty day moving average of $63.16 and a 200-day moving average of $60.23.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.2573 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.03 dividend on an annualized basis and a yield of 1.63%.

First Trust RiverFront Dynamic Developed International ETF Company Profile

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.